Overview
- Elisabeth Kaiser, visiting the site Tuesday, said the refinery now has planning certainty for new investment.
- Rosneft’s German subsidiaries that hold a majority stake in PCK remain under trusteeship by the federal network regulator, with a new rule allowing lasting federal control.
- The U.S. Treasury recently granted a permanent exemption for those trustee‑managed firms, removing the risk that sanctions could disrupt crude deliveries or payments.
- The government is funding a €245 million hydrogen project in Schwedt to make low‑carbon kerosene, a move aimed at protecting jobs and steering the plant toward cleaner production.
- PCK stopped using Russian Druzhba pipeline oil in 2023 and continues to supply fuel, heating oil, and jet fuel to Berlin, Brandenburg, Mecklenburg‑Vorpommern, and western Poland.